Responsibility for establishing generally accepted accounting principles $($GAAP$)$ for nongovernmental, not$-$for$-$profit organizations rests with the FASB and was most clearly established:

Multiple Choice

When the FASB was created in $1974.$

In the AICPA's Statement of Auditing Standards No$.69($hierarchy of GAAP$).$

By the FASB Codification.

When the GASB was created in $1984.$